Law firm Irwin Mitchell has announced another year of growth with income up by more than £2 million and further investment planned in the business.
Income rose from just over £200 million to £202.7 million in 2013/14 across the group which includes the main legal services firm, Irwin Mitchell LLP, and group companies such as Ascent and IM Asset Management.
The firm, which has an office in Temple Street in Birmingham city centre, said growth had come in a number of areas including its expanding business legal services division and multi-track personal injury departments.
It said this offset the impact of law reform in its motor team and some personal injury areas as medium-term plans to rebalance the overall business progressed.
Pre-tax tax fell in the year from £18.7 million to £17.1m due to the impact of the sale of the group's Spanish business, Irwin Mitchell Abogados, in September 2013 and continued investment including the opening of the first of two new regional offices in Southampton.
It was followed post year end by the launch of an office in Cambridgeshire.
Group chief executive Andrew Tucker said: "This has been another year when we have continued to grow our business while making substantial investment for the future.
"Growth has come from across our group and we are in a strong position financially to continue to invest in the future of our business as we look to expand further.
"We have opened two new offices this year in Southampton and Cambridge, continued our recruitment drive to add to the high quality offering we already have in place, and made five acquisitions since we became an ABS in 2012.
"We have clear plans in place to grow our business further and secured a finance package with our banks in 2013/14 to fund future growth which was a clear vote of confidence in our financial strength and our plans."
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